Biglari Holdings Inc. Class B (BH) Key Ratios
$381.03
As on 26-Aug-2026 10:42EDT
Market cap
$1,245 Mln
Revenue (TTM)
$406 Mln
P/E Ratio
--
P/B Ratio
2.3
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 11.33 | 7.86 | 7.54 | 2.72 | 0.97 |
| EBIT | 593.10 | -12.86 | -214.09 | -173.74 | -189.33 |
| Net Profit | 374.76 | -21.61 | -175.30 | -164.99 | -177.75 |
| EPS | 374.76 | -22.51 | -155.62 | -162.19 | -171.34 |
| Book Value | -- | -- | -58.80 | -1.46 | -9.18 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 2.69 | 6.11 | -4.76 | -10.69 | -0.56 |
| Net Margin
| -- | 9.25 | -7.33 | -- | -- |
| Return on equity
| 0.70 | 0.52 | -5.58 | -6.84 | -0.64 |
| Return on Capital
| 0.95 | 0.57 | -- | -4.67 | -0.53 |
| Return on Assets
| 0.73 | 0.44 | -2.70 | -3.91 | -0.44 |
| Debt to Equity (x)
| -- | -- | 0.39 | 0.69 | 0.26 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Biglari Holdings Inc. Class B (BH)
|
--
|
-4.67
|
-0.53
|
8.04
|
-4.66
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
-5.58
Lower than Peers by 35.57
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Biglari Holdings Inc. Class B (BH)
|
-5.58
|
-6.84
|
-0.64
|
9.59
|
-5.64
|
|
Peer Median
|
29.99
|
--
|
--
|
--
|
--
|
ROA
-2.70
Lower than Peers by 7.46
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Biglari Holdings Inc. Class B (BH)
|
-2.70
|
-3.91
|
-0.44
|
6.55
|
-3.72
|
|
Peer Median
|
4.76
|
--
|
--
|
--
|
--
|
EBIT Margin
-4.76
Lower than Peers by 13.70
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Biglari Holdings Inc. Class B (BH)
|
-4.76
|
-10.69
|
-0.56
|
19.34
|
12.42
|
|
Peer Median
|
8.94
|
--
|
--
|
--
|
--
|
Net Margin
-7.33
Lower than Peers by 13.90
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Biglari Holdings Inc. Class B (BH)
|
-7.33
|
-9.48
|
-1.04
|
15.04
|
-8.70
|
|
Peer Median
|
6.56
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Biglari Holdings Inc. Class B (BH)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
7.54
Lower than Peers by 1.05
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Biglari Holdings Inc. Class B (BH)
|
7.54
|
0.09
|
-0.01
|
-0.01
|
0.01
|
|
Peer Median
|
8.59
|
--
|
--
|
--
|
--
|
EBIT Growth
-214.09
Lower than Peers by 226.39
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Biglari Holdings Inc. Class B (BH)
|
-214.09
|
-1,990.50
|
-102.86
|
54.47
|
24.58
|
|
Peer Median
|
12.29
|
--
|
--
|
--
|
--
|
Net Profit Growth
-175.30
Lower than Peers by 187.95
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Biglari Holdings Inc. Class B (BH)
|
-175.30
|
-897.29
|
-106.84
|
271.62
|
-190.25
|
|
Peer Median
|
12.65
|
--
|
--
|
--
|
--
|
EPS Growth
-155.62
Lower than Peers by 177.92
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Biglari Holdings Inc. Class B (BH)
|
-155.62
|
-3.50
|
-1.07
|
4.72
|
-1.60
|
|
Peer Median
|
22.30
|
--
|
--
|
--
|
--
|
Book Value Growth
-8.78
Lower than Peers by 15.07
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Biglari Holdings Inc. Class B (BH)
|
-8.78
|
--
|
--
|
--
|
--
|
|
Peer Median
|
6.29
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.39
Higher than Peers by 0.12
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Biglari Holdings Inc. Class B (BH)
|
0.39
|
0.69
|
0.26
|
0.17
|
0.22
|
|
Peer Median
|
0.27
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.07
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Biglari Holdings Inc. Class B (BH)
|
0.07
|
0.09
|
0.09
|
0.02
|
0.05
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.45
Higher than Peers by 1.48
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Biglari Holdings Inc. Class B (BH)
|
2.45
|
2.40
|
1.16
|
1.37
|
1.12
|
|
Peer Median
|
0.96
|
--
|
--
|
--
|
--
|
Quick Ratio
2.42
Higher than Peers by 1.58
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Biglari Holdings Inc. Class B (BH)
|
2.42
|
2.38
|
1.13
|
1.35
|
1.09
|
|
Peer Median
|
0.85
|
--
|
--
|
--
|
--
|
Interest Coverage
-1.28
Lower than Peers by 8.21
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Biglari Holdings Inc. Class B (BH)
|
-1.28
|
-7.80
|
-0.33
|
12.19
|
7.76
|
|
Peer Median
|
6.92
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
6.16
Higher than Peers by 3.35
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Biglari Holdings Inc. Class B (BH)
|
6.16
|
5.89
|
6.95
|
6.09
|
7.98
|
|
Peer Median
|
2.81
|
--
|
--
|
--
|
--
|
Asset Turnover
0.37
Lower than Peers by 0.61
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Biglari Holdings Inc. Class B (BH)
|
0.37
|
0.41
|
0.42
|
0.44
|
0.43
|
|
Peer Median
|
0.97
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Biglari Holdings Inc. Class B (BH)
|
--
|
22.39
|
23.92
|
25.80
|
28.71
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Biglari Holdings Inc. Class B (BH)
|
--
|
4.97
|
5.73
|
5.01
|
6.49
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Biglari Holdings Inc. Class B (BH)
|
--
|
39.96
|
41.67
|
37.33
|
55.19
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Biglari Holdings Inc. Class B (BH)
|
--
|
-12.60
|
-12.02
|
-6.51
|
-20.00
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
--
--
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Biglari Holdings Inc. Class B (BH)
|
--
|
-27.52
|
-94.67
|
4.30
|
-13.45
|
|
Peer Median
|
32.68
|
--
|
--
|
--
|
--
|
Price / Book Value
2.29
Lower than Peers by 3.15
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Biglari Holdings Inc. Class B (BH)
|
2.29
|
1.97
|
0.62
|
0.39
|
0.79
|
|
Peer Median
|
5.44
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Biglari Holdings Inc. Class B (BH)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1.00
|
--
|
--
|
--
|
--
|
EV/EBITDA
49.64
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Biglari Holdings Inc. Class B (BH)
|
49.64
|
-705.79
|
9.85
|
1.98
|
5.39
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
1,245
Higher than Peers by 403
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Biglari Holdings Inc. Class B (BH)
|
1,245
|
--
|
--
|
--
|
--
|
|
Peer Median
|
841
|
--
|
--
|
--
|
--
|